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Not going to tax the middle class

Got my first check for 2013 a week later than I was supposed to because of the tax rate crap and our financial secretary refuses to take a chance on over or under withholding even a penny. I got a raise this year of 3% but actually it ended up being a freckle over 1%. Thanks Obama. And I can't wait to see what I have to look forward to as Pelosi is grinning from ear to ear making the comment that adding revenue wasn't finished.

The payroll tax (social security) should NEVER have been cut in the first place. That program is underfunded even at 6.2%.-Paul

Definitely should not have been cut in the first place. What would save us more money in the long run would be to open up drilling in Alaska and out west to lower oil prices. Get us back to what gas was costing when Obama took office in 08 and we'd have a lot more in our pockets than what the 2% cut is Social Security taxes gave us.

Weller's Tell It To The Judge MH (Justice)
Weller's Running With The Wind MH (Chase)
JD's In It Again MH (Trouble) 5/1/2009 - 1/3/2012

I am an attorney and work with income and estate tax matters frequently. Most of my "wealthy" clients pay absolutely obscene amounts in taxes, and despite popular misconceptions there are no silver bullets. Some can utilize the lower capital gains rates for a portion of their income, but even then the vast majority are paying more far more as a % of their income than the vast majority of the middle class. However, even with lower tax rates the middle class is saddled with a very heavy tax load, since with their levels of income they are working much closer to the margin. I am not for any tax increases without accompanying spending cuts, but in this case I am glad to see FICA go up to its normal rate, since it "feels" like a tax increase to all Americans, even to the 47% who have no skin in the game when it comes to federal income tax. If nothing else it might possibly make people think a little before they blindly support tax increases that don't affect them.

........On the up side, it brings home again to people just how much they are paying into SS ... and Congress isn't doing anything to "fix" SS.

look at how SS works. How it actualy works. Then look up ponzie scheme. Then ask yourself. Why is the government able to do something they put that Bernie Madeoff guy in jail for?????? And the PURE Waste in SS, I see it every day. UGH!!

"So what is big is not always the Trout nor the Deer but the chance, the being there. And what is full is not necessarily the creel nor the freezer, but the memory." ~ Aldo Leopold

"The Greatest Obstacle to Discovery is not Ignorance -- It is the Illusion of Knowledge" ~ Daniel Boorstin

look at how SS works. How it actualy works. Then look up ponzie scheme. Then ask yourself. Why is the government able to do something they put that Bernie Madeoff guy in jail for?????? And the PURE Waste in SS, I see it every day. UGH!!

Simple fix.

No one, I repeat NO ONE who didn't pay in gets Social Security.
It is not a slush account for Democrats to buy votes.